According to data from Opendatabot, Oleksandr Kizlyar, a member of the Khmelnytskyi District Council, declared the largest Bitcoin portfolio among Ukrainian public officials for 2025.
His declaration lists 100 BTC, which as of June 10, 2026, was valued at 278.8 million UAH.
Second place in terms of the amount of declared Bitcoin went to Oleg Bondarenko, a member of the Ukrainian Parliament and chairman of the Verkhovna Rada Committee on Environmental Policy and Natural Resource Use. He declared 80 BTC worth approximately 223 млн грн.
In third place is Kristina Pavlova, a representative of the Department of Public Works and Infrastructure of the Dnipro City Council, who reported 20 BTC worth over 55.7 млн грн.
Kizlyar also topped the ranking of Ethereum holders among those who filed declarations. He declared 1,000 ETH worth nearly 74 million UAH. Second place in this category went to Kristina Pavlova with 130 ETH, valued at 9.6 million UAH. Third place went to Iryna Sukhovetruk, a representative of the Kyiv City Prosecutor’s Office, with 100 ETH worth approximately 7.4 million UAH.
The largest amount of Tether (USDT) was declared by Hanna Fazikosh, chair of the Zakarpattia Court of Appeals—over 1.019 million USDT, or nearly 46 million UAH. Second place went to Pavlo Shandra, a deputy of the Odesa Regional Council, with 719,000 USDT worth over 32.4 million UAH. Third place went to Maksym Kiselov, director of the Kyiv Research Institute of Forensic Expertise, who declared 647,000 USDT worth over 29.1 million UAH.
Among the 391 members of the Verkhovna Rada, 16 declared cryptocurrency holdings, or about 4%. Oleg Bondarenko declared the largest crypto portfolio among parliamentarians—80 BTC.
Data from Opendatabot shows that the largest crypto assets among Ukrainian officials are concentrated not only in central government bodies but also among local council members, representatives of the judicial system, the prosecutor’s office, and local self-government bodies.
In an international context, Ukraine ranks among the global top 10 in terms of cryptocurrency adoption. According to Chainalysis’ Global Crypto Adoption Index 2025, the top ten spots are held by India, the United States, Pakistan, Vietnam, Brazil, Nigeria, Indonesia, Ukraine, the Philippines, and Russia. Ukraine ranks 8th in the world by the overall index and 1st by the population-adjusted metric.
Source: Opendatabot
BITCOIN, CRYPTOCURRENCY, DECLARATIONS, OFFICIALS, Опендатабот
Ukrainian officials filed 2,861 cryptocurrency declarations for 2025, which is 16% more than in 2024, according to Opendatabot data based on the Unified State Register of Declarations.
In total, declarants filed 654,159 declarations last year. In 2024, the number of cryptocurrency declarations was 2,468; in 2023, 1,921; in 2022, 1,481; and in 2021, 961. Thus, compared to 2021—before the war—the number of crypto tax returns has nearly tripled.
At the same time, 265 tax returns involving cryptocurrency for 2025 were filed late—after April 1, 2026. Another six declarations containing information on cryptocurrency were restricted from public access.
Representatives of the National Police are the most active in declaring digital assets. They filed 548 declarations involving cryptocurrency, or 19.2% of the total number of such declarations. Next are employees of the Prosecutor’s Office—358 declarations, military personnel of the Armed Forces of Ukraine—240, representatives of the judicial system—223, and city council employees—198.
Geographically, Kyiv leads the way, with 820 declarations containing cryptocurrency information filed there. Next are Kyiv Oblast—277 declarations, Dnipropetrovsk Oblast—215, Kharkiv Oblast—200, and Lviv Oblast—174.
Opendatabot does not provide the total value of all declared crypto assets, but some of the largest holdings are estimated at tens and hundreds of millions of hryvnias. In particular, the largest declared Bitcoin portfolio among officials for 2025 amounts to 100 BTC, which was valued at 278.8 million hryvnias as of June 10, 2026.
The increase in the number of declarations involving cryptocurrency indicates that digital assets have become a significant part of Ukrainian officials’ asset declarations. At the same time, this creates an additional need to verify the origin of such assets, the accuracy of their valuation, and the transparency of their declaration.
In the international context, Ukraine remains one of the world’s most active cryptocurrency markets. According to Chainalysis’s Global Crypto Adoption Index 2025, the top 10 countries by cryptocurrency adoption are: India, the United States, Pakistan, Vietnam, Brazil, Nigeria, Indonesia, Ukraine, the Philippines, and Russia. Ukraine ranks 8th in the overall ranking and 1st when adjusted for population size.
Source: Opendatabot
The European Commission proposes new sanctions against Russia in the areas of finance and cryptocurrencies: for the first time, a complete ban on crypto-asset services in third countries is being proposed, and new banks have been added to the list.
European Commission President Ursula von der Leyen announced this on Tuesday in Brussels while unveiling the 21st package of sanctions against Russia.
“My second point concerns financial and cryptocurrency restrictions. We are expanding our banking transactions to include 31 Russian banks and up to 20 crypto firms or platforms and oil traders in third countries that have served Russian organizations and individuals subject to sanctions or circumvented our measures,” she said.
It is also proposed to impose a complete ban on crypto-asset services in third countries. “This will be a powerful deterrent for hosting platforms in countries that help Russia circumvent our sanctions,” von der Leyen emphasized.
BANKS, CRYPTOCURRENCY, EUROPEAN COMMISSION, RUSSIA, SANCTIONS
According to Fixygen, Coinbase Global, the operator of the largest cryptocurrency exchange in the U.S., reported a net loss in the first quarter of 2026 due to a decline in the value of its digital currency assets.
According to the company’s press release, the net loss for January–March was $394.1 million, or $1.49 per share, compared to a profit of $65.6 million, or $0.24 per share, for the same period the previous year.
The figure includes a $482.4 million decline in the value of the company’s cryptocurrency holdings.
Coinbase’s quarterly revenue fell to $1.41 billion from $2.03 billion a year earlier. Analysts surveyed by FactSet had forecast revenue of $1.49 billion on average.
The company’s revenue from transaction fees in the past quarter was $755.8 million, compared to a forecast of $805.2 million. Revenue from subscription sales was $583.5 million, instead of the expected $619.3 million.
Coinbase shares fell 4.6% in after-hours trading on Thursday. Since the start of this year, the company’s market capitalization has dropped by nearly 15%, to $52.28 billion.
According to Fixygen, the U.S. bank Morgan Stanley has launched a pilot cryptocurrency trading service on its E*Trade platform, Bloomberg reports.
Full access to the service will be available later this year. The E*Trade platform has 8.6 million customers.
The new service features lower fees—0.5% of the dollar value of the transaction. The largest cryptocurrency exchange in the U.S., Coinbase, charges 0.6%, the popular platform Robinhood charges 0.95%, and Charles Schwab charges 0.75%.
Morgan Stanley is developing cryptocurrency products across various business lines, aiming to integrate traditional finance with decentralized finance.
“This is much more than just trading cryptocurrency with lower fees,” Jed Finn, head of the wealth management segment for high-net-worth individuals, told Bloomberg. “In a sense, this strategy eliminates the middlemen who eliminate middlemen.”
Until recently, bank clients had to turn to other players for cryptocurrency products.
Morgan Stanley is also working to enable clients to convert crypto assets into exchange-traded fund shares without having to sell them first, according to Bloomberg sources. Additionally, in the second half of the year, the bank plans to introduce the ability to trade tokenized stocks for institutional clients.
In April, Morgan Stanley became the first Wall Street bank to launch a Bitcoin ETF, and in February, it applied for a license to provide custody services for digital assets.
According to Fixygen, the cryptocurrency market maintained a moderately positive sentiment last week, although growth slowed toward the end of the period. Bitcoin traded around $77,800 on Friday, while Ethereum traded around $2,310, according to market data as of April 24.
The market saw its strongest movement in the middle of the week. According to Reuters, on April 22, Bitcoin rose to $78,866, gaining 4.13% for the day, while Ethereum climbed to $2,398, up 3.48% on the day. This occurred amid an improvement in global risk appetite and a general rise in stock markets.
However, momentum weakened in the second half of the week. On April 23, Reuters noted a pullback in cryptocurrencies amid rising oil prices, tensions in the Middle East, and more cautious investor sentiment: at that time, Bitcoin fell to $77,682, and Ethereum to $2,316. By April 24, the market had stabilized, but without a new strong upward surge.
Institutional money remained the key support factor for Bitcoin this week. According to industry publications, the inflow of funds into spot Bitcoin ETFs continued, and Strategy purchased an additional 34,164 BTC for approximately $2.54 billion, marking its largest purchase since late 2024. This reinforced the perception of Bitcoin as an asset that continues to be actively bought up by major players, even following the March-April recovery.
Another positive signal for the sector was the continued push by traditional financial firms toward the crypto market. Reuters previously reported that Charles Schwab plans to launch spot cryptocurrency trading, which the market interprets as another step toward the further institutionalization of digital assets.
Ultimately, the week ended on a somewhat bullish note for the crypto market, though without a full-fledged breakout. Bitcoin managed to hold near $78,000 and remained close to the week’s local highs, while Ethereum showed less resilience and retreated from the $2,400 range by the end of the period. If the external backdrop does not deteriorate, the market may continue its attempts to rise, though dependence on geopolitics and investors’ overall risk appetite remains high.
